London 2012 organizers expressed concerns Tuesday that companies supplying material for the Olympic Park could go under due to the global economic downturn.
The 100-hectare east London site will feature key Olympic venues and the athletes' village, with plans already having been scaled back from 4,200 apartments to 3,300 for the 17,000 competitors and coaches due to the fall in the housing market.
"The risk to companies getting into financial difficulty and perhaps going bust is a risk to us," John Armitt, chairman of the Olympic Delivery Authority, told a parliamentary committee Tuesday. "Hopefully we can keep a reasonable eye on the state …
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